It stood, on Tom-a-Mhoid Road (the A815) in the town's West Bay, adjacent to Castle Hill and the steamboat pier, between 1883 and 2015, when it was demolished.

During its first century in operation, it was recognised as a desirable destination for tourists visiting the town, especially by steamboat.

[2] While the Argyll was described as Dunoon's largest hotel, McColl's was noted as being its most select due to having its own grounds.

[3] The building, formerly Lismore Lodge (residence of Humphrey Crum-Ewing, Lord-Lieutenant of Dunbartonshire),[4] was purchased by a Mr McColl, who had previously been the lessee of the Argyll Hotel.

[8] The Scottish Trades Union Congress held its meeting at the hotel in November 1956.